Erie, PA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Erie, PA. Based on 20+ datapoints.
Erie, PA Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.2%
Avg Cash on Cash
-10.8%
Median Cashflow
-$556/mo
Avg Rent Estimate
$1,877/mo
Avg Price
$270,976
Price Range
$140,000 - $419,700
Rent to Price
0.69%
low ratio
Positive Cashflow
4%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Erie, PA
Erie, PA is an emerging long-term rental market gaining investor attention. With 20+ properties analyzed, early data shows the market is developing. The median cap rate of 4.2% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 20+ analyzed properties, the median monthly cashflow in Erie, PA is -$556 with average rents of $1,877/month. Properties range from $140,000 to $419,700, offering entry points across multiple investment budgets.
Erie, PA Rental Market Insights
- •Median cashflow is -$556/month — careful deal selection is essential here
- •4.2% median cap rate is typical of appreciation-focused markets
- •At 4% positive cashflow rate, Erie, PA requires selective property picks
- •Moderately priced market with properties from $140,000 to $419,700
- •Early-stage market data — revisit as more properties are analyzed for stronger signals